Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to interact with biological targets involved in cell signaling pathways. Its structure is often modified to enhance binding affinity and selectivity toward specific enzymes, making it valuable in drug discovery research. Also explored in the design of anti-inflammatory and antimicrobial agents due to its favorable pharmacokinetic properties and structural versatility.